2, RIVERSIDE TERRACE, MACHEN, CAERPHILLY, CF83 8NE - £47,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RIVERSIDE TERRACE is a terraced house, which could now be worth an estimated £228,108. It was last sold for £47,000 in June 1998, which was around 35% above the average June 1998 terraced price in the Caerphilly local authority area.

2 RIVERSIDE TERRACE Sold Prices

Land registry data shows three sales for 2 RIVERSIDE TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Caerphilly local authority area for the corresponding sale date. One of the three 2 RIVERSIDE TERRACE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 12 JUN	£47,000	£34,798	35% above HPI
1998 27 JAN	£22,500	£30,885	27% below HPI
1998 21 JAN	£19,000	£30,885	38% below HPI

What might 2 RIVERSIDE TERRACE be worth now?

2 RIVERSIDE TERRACE might now be worth an estimated £228,108.

This is based on house price inflation of 385.3%, between June 1998 and May 2026, for terraced houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 385.3% inflationary increase is applied to the most recent sale price for 2 RIVERSIDE TERRACE of £47,000 on 12th June 1998. For the value to have increased from £47,000 to £228,108 over the 28 years and one month to May 2026, the following assumptions must hold true:

• The value of 2 RIVERSIDE TERRACE has moved in line with the HPI for terraced houses in the Caerphilly local authority area.
• The June 1998 sale price of £47,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVERSIDE TERRACE has not materially changed since June 1998.

Where is 2 RIVERSIDE TERRACE?

2 RIVERSIDE TERRACE is located in MACHEN, in the CF83 postcode district.